Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The Corporation has provided the following estimated costs for the next year:Direct materials ... $6,000Direct labor ... $20,000Rent on factory building ... $15,000Sales salaries ... $25,000Depreciation on factory equipment ... $8,000Indirect labor ... $12,000Production supervisor's salary ... $15,000Jameson estimates that 20,000 direct labor-hours will be worked during the year. The predetermined overhead rate per hour will be:A) $2.50 per direct labor-hourB) $2.79 per direct labor-hourC) $3.00 per direct labor-hourD) $4.00 per direct labor-hour
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